personal finance

Your FICO credit score is one of the major factors a lender will consider when determining whether or not to approve you for credit. There are many things that go into your FICO score, which means that there are things that you can do to improve it. Careful attention to your FICO score can help[…]

Not everyone uses their credit card on a regular basis. But imagine the shock if you need to use your credit card and find that it has been canceled by a credit grantor. You hear horror stories of people vacationing overseas and discovering this problem, then spending hours trying to fix it. Unfortunately, the credit[…]

Earning miles and points from your credit card is fun—especially when the annual fee is waived for the first year. Once that anniversary comes around, however, you may be required to pay an annual fee—which might not be what you planned. Since you have earned tons of points, you don’t want to simply cancel the[…]

When you start reading the advice of financial advisors, you will discover that most of those experts agree that the first step toward getting out of debt is paying off your credit cards. This will make your budget more flexible when you do not have to make credit card payments each month. But what they[…]

It’s no surprise that the average college student graduates with well over $30,000 in student loan debt. However, too many people fail to realize that not paying their student loans, or not paying them in a timely manner, can seriously hurt their credit. A student loan is just like any other loan. It must be[…]

Although big changes are the most difficult ones to make, they hold the potential of completely changing your financial life for better. Here are the 5 big changes that can possibly save you hundreds, and perhaps even thousands of dollars every year: Getting rid of your car Many people residing in cities consider switching from[…]

Let’s get straight to the steps! Create a solid financial footing for yourself No matter how much your kids may mean to you, you must not support them at the cost of your own financial well-being. Hence, it’s important to create a solid financial footing for yourself first before thinking of spending any money on[…]

Think childcare expenses are out of your reach? Think again. Regardless of childcare being the largest annual household expense, to the tune of around $ 18,000 per year (as per a Care.com report), for families having young children, you can actually manage such expenses pretty effectively once you start exploring your options. A little research[…]

Here are the 9 most important personal finance rules that a large majority of Americans don’t care about and rarely follow: Paying oneself first Giving your wants a higher priority than your savings/investments may although give you immediate satisfaction, but leave you penniless at the end of every month. This is the reason why majority[…]

Very few actually enjoy the task of budgeting. Understanding and maintaining a cash flow system for income, bills and savings each month takes equal parts effort and time – and when the numbers fail to create a surplus, the big bad “b” word turns into a despised chore. Fortunately, the fusion of technology and innovation[…]